The World\u2019s Richest 1% control almost 50% of world\u2019s wealth! Isn’t it shocking? Let’s go further.\u00a0The richest 8 people have wealth equal to something like 3.8+ billion of the world\u2019s poorest. 80% of the world’s wealth is owned by 20% of the people and 80% of the people have just 20% of the world’s wealth! From March 2016 – March 2017, World’s billionaires’ net worth increased by $762 billion (in just one year)! In year 2016-17, 82% of new wealth created went to richest 1% people while world’s poorest got 0% only and the saga of inequality continues. The world is getting more unequal day-by-day! Do you have any ideas or opinions on how to remove or reduce inequality? Feel free to speak your mind in comment section, please.<\/p>\n
Source: PBS<\/a>, Technology Review,<\/a>\u00a0OXFAM<\/a>, Photo Thanks: Pixabay<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The World\u2019s Richest 1% control almost 50% of world\u2019s wealth! Isn’t it shocking? Let’s go further.\u00a0The richest 8 people have wealth equal to something like 3.8+ billion of the world\u2019s poorest. 80% of the world’s wealth is owned by 20% of the people and 80% of the people have just 20% of the world’s wealth!…<\/p>\n","protected":false},"author":4,"featured_media":2109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[437,4],"tags":[454,167,233,455,448,401,258,126,171,456,377],"thb-sponsors":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.minutecrunch.com\/wp-content\/uploads\/2018\/09\/Some-Hard-To-Digest-Facts-About-World\u2019s-Wealth-WinfiY-crunch.jpg?fit=640%2C426&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9V90w-py","_links":{"self":[{"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/posts\/1584"}],"collection":[{"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/comments?post=1584"}],"version-history":[{"count":0,"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/posts\/1584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/media\/2109"}],"wp:attachment":[{"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/media?parent=1584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/categories?post=1584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/tags?post=1584"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/www.minutecrunch.com\/wp-json\/wp\/v2\/thb-sponsors?post=1584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}